Equity
€49,357 from €115,668 in 2006
Equity fell by 57% in 19 years.
ARTOIS bvba
Lifetime
20 annual accounts with figures on one time axis, 39 filings since 1984Turnoverpeak €1.0m (2006)
€301,506▼ 19.4%
Resultlowest -€61,552 (2013)
€4,753▲ €19,394
Equitypeak €115,668 (2006)
€49,357▲ 10.7%
Debts
€362,335▼ 7.8%
Staffpeak 7 FTE (2010)
-not published
Documentsfilings and deeds
17-08-202617 days late
2025abbreviated format
Turnover from €374,034 to €301,506Gross margin from €137,832 to €103,503Back to profit: €4,753
Key points
from the 2025 annual accountsDebts
€362,335 88% of the balance sheet
Financial debts 56%Suppliers 17%Other 26%
Of this, €151,386 falls due within a year.
Staff
1.7 FTE from 7 in 2010
Between 2010 and 2025, 76% of the full-time equivalents disappeared.
Payment terms
115 days to suppliers
ARTOIS bvba pays its suppliers 20 days later than in 2024. Customers pay 2 days later.
Filings
39 annual accounts since 1984
Nine of the last ten came late. The 2019 accounts came latest: 242 days after the end of the period.
Position in the sector
12.0%
Lower solvency than 84% of companies in wood and cork. Sector median 43.1% · 337 companies.
Checked score
65
Healthy
Financially stronger than 32% of micro companies in wood and cork (NACE 16)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.5% across 1,032 companies (NACE 16, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.9%
01-2025: 1.9%● unchanged vs 12-2024
02-2025: 1.9%● unchanged vs 01-2025
03-2025: 2.0%▲ +0.1 percentage points vs 02-2025
04-2025: 2.0%● unchanged vs 03-2025
05-2025: 2.0%● unchanged vs 04-2025
06-2025: 1.9%▼ -0.1 percentage points vs 05-2025
07-2025: 2.4%▲ +0.5 percentage points vs 06-2025
08-2025: 3.3%▲ +0.9 percentage points vs 07-2025
09-2025: 2.2%▼ -1.1 percentage points vs 08-2025
10-2025: 2.2%● unchanged vs 09-2025
11-2025: 2.2%● unchanged vs 10-2025
12-2025: 2.2%● unchanged vs 11-2025
01-2026: 2.2%● unchanged vs 12-2025
02-2026: 2.2%● unchanged vs 01-2026
03-2026: 2.4%▲ +0.2 percentage points vs 02-2026
04-2026: 2.3%▼ -0.1 percentage points vs 03-2026
05-2026: 2.3%● unchanged vs 04-2026
06-2026: 2.3%● unchanged vs 05-2026
07-2026: 2.3%● unchanged vs 06-2026
08-2026: 3.6%▲ +1.3 percentage points vs 07-2026highest value
09-2026: 1.0%▼ -2.6 percentage points vs 08-2026lowest value
10-2026: 1.0%● unchanged vs 09-2026lowest value
11-2026: 1.0%● unchanged vs 10-2026lowest value
Financial strengthAverage
Score breakdown
raises risk
Sector: Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (NACE 16)
Last filed accounts filed 17 days late; 1 of the last 3 accounts late
lowers risk
Founded in 1983
Size: turnover €301,506, total assets €411,692
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 16, micro). It does better than 21% of them on solvency, 25% on liquidity, 43% on profitability and 37% on growth.
The bankruptcy probability was computed on 04-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 3,984 companies had the same profile as ARTOIS bvba has now. Each dot stands for 10 companies, two years later.
96.5%
were still trading
2.3%
stopped another way
1.1%
went bankrupt
That fits the bankruptcy probability of ARTOIS bvba itself: 1.0% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,984 companies, not a prediction for ARTOIS bvba. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €3,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.11 (0.9 in 2024), below the usual 1.5. Short-term debt is 36.8% and cash 1.9% of total assets. 88% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 337 sector peers (2025).
NBB · sector comparisonPosition among 337 sector peers
Solvency
better than 16%
← weakest
strongest →
raises risk · 2025 accounts filed 17 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-08-2026, 17 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
17 days late
2024
25 days late
2023
33 days late
2022
49 days late
2021
152 days early
2020
54 days late
2019
242 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 38 days after the deadline. In the sector (NACE 16), the median for financial year 2024 was 3 days before the deadline, and 37% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 25 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
05-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0424309276
General meeting · Name change
Gazette deed
New establishment in Boortmeerbeek
Europalettencentrale, Leuvensesteenweg 300
First establishment
Tremelobaan 204, Keerbergen
Comparable companies
same main activity, similar in size and age| Company | Turnover | EBIT margin | Solvency | Staff |
|---|---|---|---|---|
| ARTOIS bvba Keerbergen | €301,506 | 8.6% | 12.0% | - |
| R.W.R. Paletten Brecht | - | - | 24.2% | - |
| ADEMA Nivelles | - | - | 83.6% | - |
| POLYPHONIC Charleroi | €912,138 | 5.9% | 23.1% | - |
| MERTENS CADRES - MERTENS KADERS Brussels | - | - | 0.3% | 5.1 |
| LOGI-BOIS Awans | - | - | 10.0% | - |
| VERBOVEN TRADING & CONSULTING Vorselaar | - | - | 60.4% | - |
Grey: the largest companies of the sector (wood and cork (NACE 16)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as ARTOIS bvba: manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (NACE 16240). They are comparable in size and age: total assets between €159,000 and €683,000, founded between 1983 and 2003.
Official details
Source: KBO- Status
- Active since 04-07-1983Normal situation
- Activity
- Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materialsNACE 16240
- Establishment units
- 2.022.652.9083140 Keerbergen, since 01-07-1983
- 2.277.123.2033190 Boortmeerbeek, since 01-07-2010
- Financial year end
- 31 December
- Peppol
- Reachable since 04-11-2025
Annual accounts 2025
- Total assets
- €411,692▼ 5.9%
- Employeeson 31-12-2025
- 1=
- Filing
- Filed on 17-08-2026
Insights on ARTOIS bvba
ARTOIS bvba has existed since 1983. Turnover fell from €1.0m in 2006 to €301,506 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about ARTOIS bvba
- What is the company number of ARTOIS bvba?
- The company number of ARTOIS bvba is 0424.309.276. The VAT number is the same number with BE in front: BE 0424.309.276.
- Where is ARTOIS bvba based?
- The registered office is at Tremelobaan 204, 3140 Keerbergen.Company details
- What does ARTOIS bvba do?
- According to the KBO register, the main activity is manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (NACE 16240).
- What is the legal form of ARTOIS bvba?
- ARTOIS bvba is a private limited company (pre-2019) (BVBA).
- When was ARTOIS bvba founded?
- ARTOIS bvba was founded on 04-07-1983.
- Is ARTOIS bvba still active?
- Yes, ARTOIS bvba is an active enterprise in the KBO register.
- How many employees does ARTOIS bvba have?
- ARTOIS bvba had an average of 1.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of ARTOIS bvba?
- The turnover of ARTOIS bvba was €301,506 in financial year 2025, according to the filed annual accounts.
- Is ARTOIS bvba profitable?
- In financial year 2025, ARTOIS bvba made a profit of €4,753.
- Where can I find the annual accounts of ARTOIS bvba?
- ARTOIS bvba filed 39 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ARTOIS bvba due?
- ARTOIS bvba must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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